Indian Capital Goods Undiscovered Gems With Strong Fundamentals

GPT Infraprojects

Market Cap: ₹17.9b

Engages in the execution of civil and infrastructure projects in India and internationally.

Dynamic Cables

Market Cap: ₹14.1b

Manufactures and supplies cables and conductors to energy and power sectors in India and internationally.

Kross

Market Cap: ₹11.2b

Engages in the manufacture and supply of various components, parts, spare parts, accessories for motor vehicles and specializes in trailer axle parts in India and internationally.

Oriental Rail Infrastructure

Market Cap: ₹11.9b

Engages in manufacturing, buying, and selling of various recron, seat and berth, and compreg board products in India.

Shanthi Gears

Market Cap: ₹40.3b

Engages in the design, manufacture, supply, and service of gears and gear boxes in India, the United States, Europe, and internationally.

Spectrum Electrical Industries

Market Cap: ₹26.0b

Designs, manufactures, and sells electrical, automobile, and irrigation components as manufacturers and electrical component suppliers.

Fischer Medical Ventures

Market Cap: ₹51.7b

Engages in the trading of medical equipment in India and internationally.

Inox Green Energy Services

Market Cap: ₹53.0b

Provides operation and maintenance services and common infrastructure facilities for wind turbine generators in India.

Bharat Bijlee

Market Cap: ₹34.9b

Operates as an electrical engineering company in India and internationally.

HBL Engineering

Market Cap: ₹147.1b

Manufactures and sells batteries, power electronics, and spun concrete products in India and internationally.

B.L. Kashyap and Sons

Market Cap: ₹14.9b

Engages in the construction and infrastructure development activities in India.

Precision Wires India

Market Cap: ₹25.8b

Manufactures and sells insulated enamelled wires and other insulated electric conductors in India and internationally.

Paras Defence and Space Technologies

Market Cap: ₹42.8b

Designs, develops, manufactures, and tests defense and space engineering products and solutions in India and internationally.

Forbes Precision Tools and Machine Parts

Market Cap: ₹9.0b

Engages in manufacturing, trading, and servicing of machine and machine related parts in India.

Servotech Renewable Power System

Market Cap: ₹28.3b

Manufactures and sells light-emitting diode (LED) lights, electric vehicle (EV) chargers, and solar power products in India and internationally.

Creative Newtech

Market Cap: ₹10.6b

Distributes information technology (IT), gaming, imaging, lifestyle, and security products in India and internationally.

Ram Ratna Wires

Market Cap: ₹23.9b

Manufactures and sells winding wires and related insulated products for original equipment manufacturers in India.

BF Utilities

Market Cap: ₹29.6b

Engages in the infrastructure business in India.

Marine Electricals (India)

Market Cap: ₹26.5b

Manufactures and sells various marine and industrial electrical and electronic components in India and internationally.

Bajaj Steel Industries

Market Cap: ₹16.9b

Manufactures and sells cotton ginning and pressing machinery in India.

KRN Heat Exchanger and Refrigeration

Market Cap: ₹51.0b

Manufactures and sells aluminium and copper fin and tube-type heat exchangers for the heat, ventilation, air conditioning, and refrigeration industry.

Vintage Coffee and Beverages

Market Cap: ₹12.6b

Through its subsidiaries, primarily engages in the manufacture, export, and sale of coffee and beverage products in India and internationally.

Carraro India

Market Cap: ₹18.4b

Manufactures and sells automotive equipment, parts, and components in India and internationally.

Automobile Corporation of Goa

Market Cap: ₹9.1b

Manufactures and sells sheet metal components, assemblies, and bus coaches in India.

DISA India

Market Cap: ₹21.1b

Manufactures and sells foundry machinery and machinery parts in India and internationally.

Man Infraconstruction

Market Cap: ₹62.6b

Provides civil construction services in India.

Yamuna Syndicate

Market Cap: ₹12.0b

Engages in goods trading activities in India.

Quality Power Electrical Equipments

Market Cap: ₹28.8b

Provides power products and solutions for power generation, transmission, distribution, and automation sectors.

Kirloskar Brothers

Market Cap: ₹138.8b

Provides fluid management solutions in India and internationally.

Sika Interplant Systems

Market Cap: ₹15.6b

Manufactures and renders engineering products, engineering projects/systems, and services for aerospace, defense and space, and automotive sectors in India.

Eimco Elecon (India)

Market Cap: ₹10.3b

Engages in the manufacture and sale of equipment for mining and construction sectors in India.

SEPC

Market Cap: ₹24.5b

Provides integrated design, engineering, procurement, construction, and project management services in India and internationally.

Jash Engineering

Market Cap: ₹42.2b

Manufactures, trades in, and sells various engineering products for general engineering, water and wastewater, power plant, and bulk solids handling industries in India and internationally.

Jyoti Structures

Market Cap: ₹22.3b

Manufactures and sells transmission line towers, substation structures, and tall antenna towers/masts in India and internationally.

SPML Infra

Market Cap: ₹13.3b

Operates as an infrastructure development company in India.

Prakash Pipes

Market Cap: ₹10.3b

Manufactures and sells PVC pipes and fittings, and flexible packaging products in India and internationally.